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jamesm9860

Flooding Hot Spots: Why Seas Are Rising Faster on the U.S. East Coast - Yale E360 - 0 views

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    The article focuses on rising sea levels, specifically on the east of coast of the US. WIth higher sea levels comes increased flooding and subsequent damage. The article mentions changes in the Gulf Stream, and how those changes affect the East Coast. Ultimately, people that live in these areas need to be prepared as the frequency of severe weather events, especially flooding, increases. This will effect port operations as people are relied upon to monitor and operate the ports. Can the displacement of people be compensated through increased automation?
cferiante

Investing in Aging Water Infrastructure | ASCE's 2021 Infrastructure Report Card - 0 views

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    When we modeled what the next two decades would look like if we continued current underinvestment trends, we found that no industry is immune to water disruptions. The most water-reliant businesses will spend $250 billion in 2039 on costs related to water service disruptions. Less reliable water service would make industries less efficient and profitable, and the consequences would ripple across the entire economy, leading to more than $4.5 trillion in lost business sales, a $2.9 trillion decline in the gross domestic product (GDP), and 636,000 fewer jobs. Individual households and communities would also endure the consequences of underinvestment as more frequent and extreme weather inflict shutdowns, and street flooding deteriorating and rupturing water infrastructure. Without proper infrastructure investment, there will be greater costs to US households. At the current rate, costs will be seven times higher in 20 years than they are today, totaling $14 billion in 2039.
jamesm9860

Climate change disasters will rock the $5 trillion insurance industry - Vox - 0 views

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    Interesting perspective on climate change in regard to insurance companies and insurance premiums. People often rely on the insurance to compensate for their losses. Insurance companies approach now has to change, as severe weather events become more frequent. Many will be priced out of areas due to higher costs. All industries will be required to pay higher premiums, subsequently raising product costs to consumers
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